The Dollar Auction game¶
Shubik. (1971). The Dollar Auction game: a paradox in noncooperative behavior and escalation.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Dollar Auction
- The dollar auction (Martin Shubik, 1971) is a small game that mechanizes the escalation trap
This sourceGives the game's rules - a dollar bill auctioned to the highest bidder, with bids in multiples of five cents and both leading bidders paying.
Supported in partVerified against the publisher's abstract
“There is an extremely simple, highly amusing, and instructive parlor game which can be played at any party by arranging for the auction of a dollar.”
- The dollar auction (Martin Shubik, 1971) is a small game that mechanizes the escalation trap
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Registry ID ref:f04d9f3c85df · see in the full table